Regulation

Fund group CEOs have blamed the impact of the Retail Distribution Review (RDR) for a sharp divergence between UK fund sales and those elsewhere in the world at the start of 2013.

Firms who advised on investments in the failed CF Arch Cru Investment and Diversified funds have been contacting clients asking them if they want a review of the advice ahead of yesterday's deadline to identify investors eligible for redress.

Firms which fail to apply a pragmatic approach to complaints cause problems to escalate unnecessarily, Natalie Ceeney , chief executive of the Financial Ombudsman (FOS) has said.

The Financial Conduct Authority (FCA) has censured money transfer firm Horn Express for failing to safeguard and segregate customer funds.

The Financial Conduct Authority (FCA) has delayed the publication of its final rules and guidance on unregulated collective investment schemes (UCIS) until June.

Andrew Tyrie, chairman of the Treasury Committee, and Andrew Bailey, executive director of the new Prudential Regulation Authority (PRA), have rounded on the European Union (EU) over its "shocking" implementation of Solvency II.

The Financial Conduct Authority (FCA) has charged two men with promoting and marketing an unauthorised investment scheme.

Sue Lewis has been appointed chairman of the independent Financial Services Consumer Panel and will take up the post on 1 July.

The Financial Conduct Authority (FCA) has banned a father and son who were directors of Which Mortgage for submitting mortgage applications to high street lenders containing false and misleading information.

Aviva is to stop offering direct investment and protection advice for its customers from 31 May.